The Imperial Bank of India, after its nationalisation came to be known as : (1) Reserve Bank of India (2) State Bank of India (3) United Bank of India (4) Indian Overseas Bank

1 Answer

Answer :

 State Bank of India

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Description : The Imperial Bank of India, after its nationalization came to be known as : (1) Reserve Bank of India (2) State Bank of India (3) United Bank of India (4) Indian Overseas bank

Last Answer : (2) State Bank of India Explanation: The State Bank of India, the largest banking and financial services company in India by revenue, assets and market capitalization: traces its ancestry to British India, ... with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India

Description : 1. The Imperial Bank of India, after nationalisation was given the name of which bank? 2. Who is responsible for the sex determination of a child? 3. How many High Courts in India have ... country in Africa has luxurious tropical rain forests? 20. Which was not a kingdom in ancient India?

Last Answer : Answer : 1. State Bank of India 2. Father 3. 3 4. Red Sea and Mediterranean Sea 5. Swami Dayanand Saraswati 6. Frequency modulation 7. 14th November 8. Timbernrus 9. Regur soil 10. Sanskrit 11. Oparin ... 15. Panini 16. Canning 17. January 25 18. Banana, potato and rice 19. Ivory coast 20. Hampi

Description : 1. Which newspaper was published in Bengali language? 2. The Imperial Bank of India, after nationalisation was given the name of which bank? 3. Deficiency of which vitamin causes knock-knee, ... landlocked protected port ? 20. Where was a Buddhisit council during the reign of Ashoka held?

Last Answer : Answer : 1. Jugantar 2. State Bank of India 3. Vitamin D 4. Hudson Bay 5. Massacre of Jallianwala Bagh 6. 14 years 7. Methanol and water 8. Vishwamitra Award 9. Rivers 10. January 30, ... Bangladesh 15. Political policies 16. Pascal's law 17. 1999-2000 18. 1930 19. Vishakhapatnam 20. At Pataliputra

Description : Who is authorized to issue coins in India? (1) Reserve Bank of India (2) Ministry of Finance (3) State Bank of India (4) Indian Overseas Bank

Last Answer : (2) Ministry of Finance Explanation: Coins may be coined at the Mint for issue under the authority of the Central Government, (of such denominations not higher than one hundred rupees), such ... the Ministry of Finance and bears the signature of the secretary. All currency notes are legal tender.

Description : Who is authorised to issue coins in India ? (1) Reserve Bank of India (2) Ministry of Finance (3) State Bank of India (4) Indian Overseas Bank

Last Answer : Ministry of Finance

Description : Star Union Dai-Ichi Life insurance is a life insurance joint venture between life insurer Dai-Ichi and which banks? A) Indian Overseas Bank and United Bank of India B) Bank of India and Union Bank C) Canara Bank and Bank of India D) Allahabad Bank and OBC Bank E) Union Bank and Bank of Baroda

Last Answer : B) Bank of India and Union Bank Explanation: Star Union Dai-Ichi Life insurance = Japan‘s largest life insurer Dai-Ichi + Bank of India + Union Bank

Description : Which of the following has exited the shareholding of CIBIL? A) ICICI and Bank of India B) United Bank of India and Aditya Birla Trustee Company Private Ltd. C) United Bank of India and Bank of Baroda D) ICICI and Bank of Baroda E) Indian Overseas Bank and ICICI

Last Answer : D) ICICI and Bank of Baroda Explanation: ICICI Bank has sold its whole six per cent stake in the company, while Bank of Baroda has sold its whole five per cent holding.

Description : RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

Last Answer : D) UCO Bank Explanation: Reserve Bank of India has told state-run Uco Bank to pay Rs 1 crore penalty for flouting bill discounting norms which allowed current account holders siphon out funds.

Description : Which bank has launched USSD based mobile app for basic banking needs with NPCI A) United Bank of India B) Union Bank of India C) UCO Bank D) Indian Bank E) Indian Overseas Bank

Last Answer : B) Union Bank of India Explanation: National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments system in the country has partnered with Union Bank of India to ... customers and can be used even without any internet connection as it does not require any data.

Description : The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act-1934 B. Banking ... , 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

Last Answer : D. Payment and Settlement Systems Act (PSS Act), 2007 Explanation: The Overseas Principal should obtain necessary authorisation from the Department of Payment and Settlement Systems, Reserve Bank of India ... Payment and Settlement Systems Act (PSS Act), 2007 to commence/ operate a payment system.

Description : Which of the banks has signed agreements with the World Bank for $625 million to support grid connected rooftop solar programme in the Country? A) Canara Bank B) State Bank of India C) Bank of India D) Bank of Maharashtra E) Indian Overseas Bank

Last Answer : B) State Bank of India Explanation: State Bank of India has signed agreements with the World Bank for $625 million to support grid connected rooftop solar programme in the Country SBI Capital Markets was keen advisor for structuring and setting up the facility

Description : Reliance Industries (RIL) has signed agreement with which of the following to set up payments bank? A) Canara Bank B) State Bank of India C) Yes Bank D) Axis Bank E) Indian Overseas Bank

Last Answer : B) State Bank of India Explanation: Telecom-to-energy conglomerate Reliance Industries (RIL) and India s largest lender State Bank of India (SBI) have signed Subscription and Shareholders Agreement to ... in the payments bank and SBI as joint venture will have 30 per cent equity contribution.

Description : With ICICI and BoB sold there shareholding in CIBIL, who has bought their percentage of shares? A) Aditya Birla Trustee Company Private Ltd. B) Indian Overseas Bank C) TransUnion International Inc D) Union Bank of India E) India Infoline Finance Limited

Last Answer : C) TransUnion International Inc Explanation: Earlier the shareholding patterns of CIBIL were TransUnion International Inc (66.1%) ICICI Bank Ltd (6%) Bank of Baroda (5%) Bank of India (5%) Union ... Private Ltd. (4%) India Alternatives Private Equity Fund (2.9%) India Infoline Finance Limited (1%)

Description : The Reserve Bank of India imposed how much penalty on Bank of Baroda in the alleged Rs 6000 crore forex related irregularities that came to light in October last year? A) Rs 5 crore B) Rs 7 crore C) Rs 5.5 crore D) Rs 6.2 crore E) Rs 6 crore

Last Answer : A) Rs 5 crore Explanation: The RBI carried out an inspection after Rs 6,100 crore import remittances were effected by Bank of Baroda‘s Ashok Vihar branch in New Delhi.

Description : Regional Rural Banks arc sponsored by (1) Nationalized Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India

Last Answer : (1) Nationalized Commercial Bank Explanation: The Narasimham committee conceptualized the foundation of regional rural banks in India. Five regional rural banks were set up on October 2. 1975. There ... Bank. United Bank of India and United Commercial Bank, which sponsored the regional rural banks.

Description : Regional Rural Banks are sponsored by (1) Nationalised Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India

Last Answer :  Nationalised Commercial Bank

Description : Money supply is governed by the - (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks

Last Answer : (3) Reserve Bank of India Explanation: In economics, the money supply or money stock, is the total amount of monetary assets available in an economy at a specific time. It is governed and ... Reserve Bank of India regulates money supply in India through its several policy rates and reserve ratios.

Description : The monetary policy is India is formulated by - (1) Central Government (2) Industrial Financial Corporation of India (3) Reserve Bank of India (4) Industrial Development Bank of India

Last Answer : (3) Reserve Bank of India Explanation: Monetary policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control ... Bank of India (RBI). is so designed as to maintain the price stability in the economy.

Description : A commercial bank law creates credit only if it has - (1) Cash in the vault (2) Excess reserves (3) Permission of Reserve Bank of India (4) (4) Cooperation of other banks

Last Answer : (1) Cash in the vault Explanation: A commercial bank is a profitseeking business, dealing in money and credit. It is a financial institution dealing in money in the sense that it accepts deposits of ... received as the deposits to needy people. So it creates credit from the cash deposits with it.

Description : Reserve Bank of India was nationalized in - (1) 1948 (2) 1947 (3) 1949 (4) 1950

Last Answer : (3) 1949 Explanation: The Reserve Bank of India was nationalised with effect from 1st January, 1949 on the basis of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948. All shares ... of a suitable compensation. The Reserve Bank of India (RBI) is India's central banking institution.

Description : Money supply is governed by the (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks

Last Answer : Reserve Bank of India

Description : Reserve Bank of India was nationalised in (1) 1948 (2) 1947 (3) 1949 (4) 1950

Last Answer : 1949

Description : The monetary policy is India is formulated by (1) Central Government (2) Industrial Financial Corporation of India (3) Reserve Bank of India (4) Industrial Development Bank of India 

Last Answer :  Reserve Bank of India

Description : A commercial bank law creates credit only if it has (1) Cash in the vault (2) Excess reserves (3) Permission of Reserve Bank of India (4) Cooperation of other banks 

Last Answer : Cash in the vault

Description : Which, ancient' Indian King claimed ekarat (the sole sovereign) or the first Imperial ruler of India? -Do You Know?

Last Answer : answer:

Description : Which, ancient’ Indian King claimed ekarat (the sole sovereign) or the first Imperial ruler of India?

Last Answer : Udayin

Description : If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should - (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above

Last Answer : (1) lower cash reserve ratio Explanation: When the Central Bank of a country intends to increase money supply, it should lower the Cash Reserve Ratio. A decrease in CRR helps the commercial banks to ... the amount of Bank deposits and they will lend more as they have more amount as their reserve.

Description : 5. An IOU of the Federal Reserve Bank of San Francisco to Bank of America is called: a. discounts b. federal funds c. reserves d. collateral

Last Answer : c. reserves

Description : If the Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above

Last Answer :  lower cash reserve ratio

Description : Of which purpose was Nationalisation of banks done? -Do You Know?

Last Answer : answer:

Description : Of which purpose was Nationalisation of banks done? -Do You Know?

Last Answer : answer:

Description : Which one of the following is a hindrance to liberty and independence? (1) Centralisation (2) Decentralisation (3) Privatisation (4) Nationalisation

Last Answer : (1) Centralisation Explanation: Liberty and independence are the twin concepts closely related to democracy. Centralization of power is often attached to despotism and concomitant curtailment of liberty and freedom.

Description : The taking over of a private firm by the host country government to be run it as a government unit is ______. A. expropriation. B. confiscation. C. nationalisation. D. domestication

Last Answer : C. nationalisation.

Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Last Answer : Answer: Reserve Bank of India (RBI)

Description : A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Last Answer : E. The companies act, 1956 Explanation: The Companies Act, 1956 ―Small Shareholder‖ means a shareholder holding shares of nominal value of twenty thousand rupees or less in a public company to which section 252 of the Act applies.

Description : The rules framed in the Clayton‟s case have been incorporated in _________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. None of the Above

Last Answer : D. Indian Contract Act, 1872 Explanation: The rules framed in the Clayton‘s case was incorporated in Section 59 of the Indian Contract Act, 1872.

Description : Issuance of stamp duty on bonds is under ________ A. The Companies Act, 1956 B. The Public Debt Act 1944. C. Indian Stamp Act 1899 (Central Act) D. Reserve Bank of India Act, 1934 E. Both (A) and (C)

Last Answer : C. Indian Stamp Act 1899 (Central Act) Explanation: Issuance of stamp duty on bonds is under Indian Stamp Act 1899 (Central Act). A bond is transferable by endorsement and delivery without payment of any transfer stamp duty.

Description : First Indian to be appointed as the Governor of the Reserve Bank of India (RBI) was?

Last Answer : C.D. Deshmukh in 1943.

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Last Answer : (3) Governor, Reserve Bank of India

Description : What is the largest bank in India? (a) United bank of India (b) Punjab National Bank. © Bank of India. © State Bank of India.

Last Answer : © State Bank of India.

Description : How much can an Indian citizen save in a foreign bank without the permission of the Reserve Bank ?

Last Answer : An Indian citizen can save up to লাখ 1 million in a foreign bank without the permission of the Reserve Bank .

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Last Answer : Answer : 1. 1978 2. Congo basin 3. Shishunaga 4. Carbon 5. 1963 6. 1°C 7. 1890 8. Milinda 9. October 9 10. Mumbai 11. Mitochondria 12. 9 13. Vatsa 14. M. N. Roy 15. Seaborg 16. October 24 17. December, 22 18. Cholas 19. 4 20. It helps in digestion of cellulose

Description : The salaries and allowances of the Council of Ministers of the State Government are paid from the : (1) Reserve Bank of India (2) Treasury of the State Government (3) Contingency Fund of the State (4) Consolidated Fund of the State

Last Answer : (4) Consolidated Fund of the State Explanation: Members of the Legislative Assembly and the Legislative Council of a State shall be entitled to receive such salaries and allowances as may ... the Legislative Assembly of the corresponding province. The salary is paid from state consolidated fund.

Description : Recommendations to the President of India on the specific Union state fiscal relation are made by the- (1) Finance Minister (2) Reserve Bank of India (3) Planning Commission (4) Finance Commission

Last Answer : (4) Finance Commission Explanation: The finance commission made recommendations to the president of India on the specific union state fiscal relation.

Description : Cash kept in the currency chest is owned by? A. Currency Chest branch bank B. State Bank of India C. Central Government D. Reserve Bank of India

Last Answer : D. Reserve Bank of India Explanation: The amount of cash kept in the currency chest belongs to the RBI and is used for maintaining the Cash Reserve Ratio. To facilitate the distribution of ... These are actually storehouses where banknotes and rupee coins are stocked on behalf of the Reserve Bank.

Description : The holder of certificate may at any time on his making an application in Form NC- 41 pledge the certificate to a) The president of India b) The governor of the state c) The reserve bank of india d) All the above

Last Answer : d) All the above

Description : Pledging of TD account as security in the name of a) The president of India or Governor of the state in his official capacity b) The reserve bank of India or a scheduled bank or a co-operative society c) Both the A and B d) None of these

Last Answer : c) Both the A and B

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Last Answer : According to Wikipedia , Celsius is used by all countries except the United States, the Bahamas, Belize, the Cayman Islands and Liberia. According to the CIA , At this time, only three countries ... Metric would be Burma. Perhaps related, the CIA is still calling Burma Burma rather than Myanmar.

Description : Fluff time: Star Wars, wouldn’t a ship the size of an Imperial starship burn up before crash landing on Jakku?

Last Answer : It is protected by residual dark force from the divine emperor palpatine.

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Last Answer : Need Answer